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Firstnandiar Glica Aini Suniaprily
Fakultas Hukum Universitas Islam Batik Surakarta
Religion Agriculture, Biological Sciences & Forestry Arts Humanities Automotive Engineering Civil Engineering, Building, Construction & Architecture Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Energy Environmental Science Immunology & microbiology Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Mathematics Public Health Social Sciences Other

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LEGAL CERTAINTY OF THE USE OF CRYPTOCURRENCY AS A PAYMENT INSTRUMENT FROM THE PERSPECTIVE OF INDONESIAN POSITIVE LAW Wahyudi, Bambang Tresno; Dewi, Nourma; Suniaprily, Firstnandiar Glica Aini
Awang Long Law Review Vol. 8 No. 2 (2026): Awang Long Law Review
Publisher : Sekolah Tinggi Ilmu Hukum Awang Long

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56301/awl.v8i2.2006

Abstract

This study aims to provide answers to the legal certainty provided by laws and regulations regarding the use of cryptocurrency as a payment instrument in Indonesia and efforts to achieve legal certainty for the use of cryptocurrency as a payment instrument in the future. Cryptocurrency is an impact of globalization that must be responded to with legal changes, given the large amount of its global use that has an impact in Indonesia. The Currency Law does not explicitly provide space for cryptocurrency, implicating limited regulatory space for its use in Indonesia. A study analyzing the guarantee of legal certainty for cryptocurrency use is needed in light of existing normative regulations and efforts to achieve such legal certainty. This research is normative with a legislative and conceptual approach. The results show that the form of legal certainty in laws and regulations regarding the use of cryptocurrency as a payment instrument in Indonesia is not yet regulated in Law Number 7 of 2011 concerning Currency, but cryptocurrencies are partially regulated as commodities that can be traded on futures exchanges, in accordance with Minister of Trade Regulation Number 99 of 2018 concerning General Policy for the Implementation of Crypto Asset Futures Trading. This means that cryptocurrencies cannot yet be used as payment instruments but have limited transaction value on futures exchanges. Efforts to realize legal certainty for the use of cryptocurrency as a payment instrument in the future include injecting cryptocurrency as a digital payment instrument into Law Number 7 of 2011 concerning Currency, formulating technical regulations for the Regulation of the Minister of Trade and Bank Indonesia Regulations that accommodate the technical procedures for the use of cryptocurrency, and with the recognition of cryptocurrency in the updated Currency Law, its use can be guaranteed at the Deposit Insurance Corporation.
Co-Authors Ada Riski Rahma Noviana Adee Fitriantho Adhy Nugraha Adhy Nugraha Afrigh Alaina Shobron Agung Mugi Widodo Agung Setiyo Budi Alwan Fauzan Amilia Febriani Amir Junaidi Amstrong Roosevelt Zamzami Andita Jefri Harnanto Ardiyanto, Daniyel Dwi Ariy Kaerudin Ariy Khaerudin Aziz Nandana Sumarno Bayu Ismuntoro Bintang Rahmawati Cilik Siwi Redani Dika Yudanto Diyah Eka Puji Astuti Dughita, Putri Awaliya Dwi Nurwanti, Yulian Faried, Femmy Silaswati Fatmawati Femmy Silaswati Faried Firda Pambudi Erlambang Hadi Mahmud Hanuring Ayu Hanuring Ayu Hanuring Ayu Ardhani Putri Hanuring Ayu Ardhani Putri Hanuring Ayu Ardhani Putri Hardiyanto Toni Hasyim, Much Helena, Erika Marsha Ika Septiana Ismiyanto Ismiyanto , Ismiyanto Ismiyanto Ismiyanto Ismiyanto Ismiyanto Joko Triyanto Juliya Maria Khaidar Rohman Lubis, Muhammad Salim Fauzi Mentari, Arneta Indah Noorlintang Muhamad Aziz Zaelani Muhammad Aziz Zaelani Muhammad Muhtarom Muhammad Tri Nuryanto Nourma Dewi Nourma Dewi Nourma Dewi Novita Anisa Nurwanti, Yulian Dwi Pangaribuan, Guntur Pramono Hadi Pramono Hadi Prasiwi, Prista Raharjo Sigit Ramadhani Febriansyah Riana Rachmawati Rois, Dimas Ilham Nur Rudatyo Rudatyo Saputra, Aprian Noor Dwi Singgih Ariya Mudito Suharno Suharno Suharno Suharno Suharno Suharno Suparwi Suparwi Supriyanto Supriyanto Suwardi Suwardi Suwardi Suwardi Syahtama, Dany Vardani, Erika Nur Wahyudi, Bambang Tresno Wicaksono, Genta Yuris Wisnu Cahyo Utomo Yohanes Sabbat Satriyawan Yulian Dwi Nurwanti Yulian Dwi Nurwanti